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Story: Banking and finance

Non-cash bank transactions, 2003–2007

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Non-cash bank transactions, 2003–2007

Through this relatively short period (five years), change occurred in the kinds of banking transactions used most often. There was a continuing rise in the volume of EFTPOS (electronic funds transfer at point of sale) transactions relative to all other kinds. ATM transactions, which at one time were more common than EFTPOS transactions, started to decline, as EFTPOS terminals became more and more common.

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Te Ara - The Encyclopedia of New Zealand

Source: New Zealand Banker's Association

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How to cite this page

David Tripe, Banking and finance – The business of banking, Te Ara – the Encyclopedia of New Zealand, https://teara.govt.nz/en/graph/24634/non-cash-bank-transactions-2003-2007 (accessed 3 June 2026).

Story by David Tripe, published 26 February 2010.